Yarraville
3013 VIC
Yarraville is a vibrant suburb with a diverse population, mainly consisting of professionals and managers. It offers various commuting options including train and motor vehicle, with a significant percentage of residents working from home. The suburb has good educational indicators with an ICSEA percentile of 80.25, indicating a high level of educational advantage for students.
For house investors, Yarraville presents an opportunity for potential renovators due to a high sale price IQR ratio, suggesting properties with renovation potential. On the other hand, unit investors may find steady rental yields with a low vacancy rate and a strong demand-supply ratio for renting out rooms.
Yarraville is a desirable suburb for both homeowners and investors. With a mix of professionals and good transport options, it appeals to a wide range of residents. House investors can explore renovation opportunities, while unit investors can benefit from steady rental income and room renting demand.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Highlights
Pricing and long-term growth profile for Yarraville houses.
Median Price
$1.200M
# Sales
238
12M Growth
4.3%
10Y Ave Growth
3.8%
Why Buyers Look Here
Owner occupier appeal — 65% owner-occupied — strong community stability and pride of ownership.
Tight supply — Only 1.4% of stock on market — limited turnover supports price growth.
Fast selling market — Properties sell in a median of 26 days — high buyer competition.
Capital Growth
Pricing and long-term growth profile for Yarraville houses.
Median Price
$1.200M
# Sales
238
12M Growth
4.3%
10Y Ave Growth
3.8%
Rental Market
Yield, rental pricing and vacancy performance for Yarraville houses.
Weekly Rent
$720
Rental Yield
3.3%
Vacancy Rate
2.0%
Rentals Last 12M
377
Supply & Demand
Stock levels, days on market and selling conditions for Yarraville.
Stock on Market
1.4%
Days on Market
26
Building Approvals
0.6%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Yarraville.
Population
15,636
Owner Occupiers
65%
Median Income
$129k
IRSAD Rank
97
